Date Closed

December 6, 2012

Lead Office

Montréal

Value

35.00 Million CAD

On December 6, 2012, Mediagrif Interactive Technologies Inc. completed a private placement of 2 million common shares at a price of C$17.50 per share, for gross proceeds of C$35 million through a syndicate of underwriters lead by National Bank Financial Inc. and which included Scotia Capital Inc., Acumen Capital Finance Partners Limited and Laurentian Bank Securities Inc.

Mediagrif intends to use the net proceeds from the offering to reduce its indebtedness and for general corporate purposes.

Mediagrif, headquartered in Longueuil, Quebec, is a provider of e-commerce solutions.

McCarthy Tétrault LLP advised National Bank Financial and the syndicate of underwriters with a team led by Patrick Boucher.